All things STOCKS
- Thread starter bignewt
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I did really well on BAC post financial crisis. Was buying it around $5 a share as late as 2011. Wish I had bought more.
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05_never_again
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I'm not seeing any downside of the latter. Taxes, maybe? Our custodial accounts were always just savings and it was all for money he saved. I mean, giving kids money is pretty dangerous.
I guess you see this, but if he has income (you hire him to take the trash out?) and you make it a Roth IRA, it'll be a Roth IRA and all that goes with that.
If you make it a coverdell or 529, it'll be a coverdell or a 529 and all that goes with that.
I guess you see this, but if he has income (you hire him to take the trash out?) and you make it a Roth IRA, it'll be a Roth IRA and all that goes with that.
If you make it a coverdell or 529, it'll be a coverdell or a 529 and all that goes with that.
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Go aeiou, tbh and Vol8188
I forgot this part of the story until I just now saw my join date. That's also when I joined VN. I was in Bagram, between the lack of taxes, hazardous fire pay, etc I had some extra money for the first time in my then young life. And I also needed a way to keep up to date on TN sports and found this site. Good times.
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We set up a minor (as in his age made him a minor) Roth IRA when our oldest got his first job. We matched what he put in to hopefully provide incentive as well as to learn. Yes, there's a chance he may do something else with it later.
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walkenvol and Vol8188
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I like fundamentals much more than technicals. Technicals have value to optimize entry points for LT investments and also providing a basis for short term trading. Study the charts enough and it’s possible to be a front runner to the algorithmic trading. But there is a lot of randomness and an infinite number of combinations of the math to look at. I prefer to keep it more simplistic. Is revenue growing? Is the company profitable? If not are they investing in capital. What’s their competition? What’s the market cap? Are they burdened with debt? Do they sell a high quality product? Do they market themselves well? Is management focused on enriching shareholders or themselves? Is it a good industry and are they a leader?
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I'm clueless.
If that's the way you want to invest look at sectors or groups of stocks that are somewhat depressed or at a low. OTOH, they all seem expensive to me now.
I'm likely at a different point in life than you. I mostly own blue chip stocks that are typically not as volatile and pay a dividend.
If that's the way you want to invest look at sectors or groups of stocks that are somewhat depressed or at a low. OTOH, they all seem expensive to me now.
I'm likely at a different point in life than you. I mostly own blue chip stocks that are typically not as volatile and pay a dividend.
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GoDucks349 and tbh
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Two thoughts that tempt people into taking the bait:
1. "If I learn how to do this I'll get rich."
2. "If I learn how to do this I can quit my job."
Problem is only about 5% of people who try to day-trade with technical analysis succeed over time. The other 95% lose money they could have invested for the long-term. Fortunately, I only lost about $500 before realizing how difficult it is. Some people can pull it off though. Don't know how they do it.
1. "If I learn how to do this I'll get rich."
2. "If I learn how to do this I can quit my job."
Problem is only about 5% of people who try to day-trade with technical analysis succeed over time. The other 95% lose money they could have invested for the long-term. Fortunately, I only lost about $500 before realizing how difficult it is. Some people can pull it off though. Don't know how they do it.
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GoDucks349
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